Managers / Q4 2020 · view latest →
Source Financial Advisors LLC
CIK 0001830954 · 545 FIFTH AVENUE, SUITE 1108, NEW YORK, NY, 10017 · 2122730406
Summary
Source Financial Advisors LLC reported $370M in U.S.-listed holdings across 109 positions for Q4 2020.
The portfolio is heavily concentrated: MKTX alone accounts for 20.1% of reported value.
Portfolio Metrics
Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.
Reported Value by Quarter
Portfolio Composition
- Common Stock · 54.9% · $203M
- ETP · 41.6% · $154M
- Other · 3.3% · $12M
- REIT · 0.2% · $655,000
- US DOMESTIC · 0.0% · $35,000
Quarter-over-Quarter Changes full breakdown →
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| MKTXMARKETAXESS HLDGS INC | NEW | +130.2K | 130.2K | +$74M | $74M |
| UBERUBER TECHNOLOGIES INC | NEW | +1.23M | 1.23M | +$63M | $63M |
| SNAPSNAP INC | NEW | +416.7K | 416.7K | +$21M | $21M |
| GOLDMAN SACHS ETF TR | NEW | +177.4K | 177.4K | +$13M | $13M |
| ISHARES TR | NEW | +32.4K | 32.4K | +$12M | $12M |
| SPDR S&P 500 ETF TR | NEW | +30.6K | 30.6K | +$11M | $11M |
| ELASTIC N V | NEW | +77.9K | 77.9K | +$11M | $11M |
| ISHARES TR | NEW | +74.8K | 74.8K | +$9M | $9M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q4 2020
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | MKTXMARKETAXESS HLDGS INChistory → | COM | 20.07% | $74M | 130.2K |
| 2 | ISHARES TR | CORE S&P500 ETF · NATIONAL MUN ETF · CORE S&P TTL STK · CORE MSCI EAFE · CORE US AGGBD ET · MBS ETF · EAFE GRWTH ETF · TIPS BD ETF · 20 YR TR BD ETF · U.S. FIN SVC ETF · IBOXX INV CP ETF · U.S. TECH ETF · EXPANDED TECH · CORE MSCI EURO · EAFE VALUE ETF · CORE S&P MCP ETF · NEW YORK MUN ETF | 18.29% | $68M | 583.4K |
| 3 | UBERUBER TECHNOLOGIES INChistory → | COM | 16.95% | $63M | 1.23M |
| 4 | SNAPSNAP INChistory → | CL A | 5.64% | $21M | 416.7K |
| 5 | GOLDMAN SACHS ETF TR | ACTIVEBETA US LG | 3.63% | $13M | 177.4K |
| 6 | SPDR S&P 500 ETF TR | TR UNIT | 3.09% | $11M | 30.6K |
| 7 | ELASTIC N V | ORD SHS | 3.08% | $11M | 77.9K |
| 8 | VANGUARD SCOTTSDALE FDS | SHRT TRM CORP BD · INT-TERM CORP · INTER TERM TREAS | 2.49% | $9M | 107.9K |
| 9 | VANGUARD INDEX FDS | TOTAL STK MKT · REAL ESTATE ETF | 2.23% | $8M | 49.3K |
| 10 | ZEN1EURZENDESK INChistory → | COM | 1.99% | $7M | 51.5K |
| 11 | VANGUARD BD INDEX FDS | TOTAL BND MRKT | 1.92% | $7M | 80.5K |
| 12 | JPMJPMORGAN CHASE & COhistory → | COM | 1.60% | $6M | 46.7K |
| 13 | SELECT SECTOR SPDR TR | TECHNOLOGY · SBI CONS STPLS · SBI HEALTHCARE · SBI CONS DISCR | 1.50% | $6M | 53.4K |
| 14 | NDQINVESCO QQQ TRhistory → | UNIT SER 1 | 1.42% | $5M | 16.7K |
| 15 | SFIXSTITCH FIX INChistory → | COM CL A | 1.38% | $5M | 86.9K |
| 16 | ISHARES INC | CORE MSCI EMKT | 1.30% | $5M | 77.5K |
| 17 | METAFACEBOOK INC | CL A | 0.93% | $3M | 12.6K |
| 18 | SPDR SER TR | PORTFOLIO AGRGTE | 0.86% | $3M | 103.1K |
| 19 | ASANASANA INC | CL A | 0.61% | $2M | 75.8K |
| 20 | AAPLAPPLE INC | COM | 0.53% | $2M | 14.7K |
| 21 | TWTRUSDTWITTER INC | COM | 0.52% | $2M | 35.4K |
| 22 | NEWREURNEW RELIC INC | COM | 0.49% | $2M | 27.8K |
| 23 | MSFTMICROSOFT CORP | COM | 0.43% | $2M | 7.2K |
| 24 | VANGUARD TAX-MANAGED INTL FD | FTSE DEV MKT ETF | 0.42% | $2M | 33.2K |
| 25 | J P MORGAN EXCHANGE-TRADED F | DIV RTN INT EQ | 0.40% | $1M | 25.4K |
| 26 | GLOBAL X FDS | US INFR DEV ETF | 0.39% | $1M | 67.6K |
| 27 | GQ9SPDR GOLD TR | GOLD SHS | 0.35% | $1M | 7.3K |
| 28 | INVESCO EXCH TRADED FD TR II | S&P 500 HB ETF | 0.28% | $1M | 18.0K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q3 2024 | $338M | 167 | Nov 1, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $325M | 161 | Jul 17, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $329M | 167 | May 1, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $322M | 167 | Jan 11, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $296M | 166 | Oct 26, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $305M | 177 | Jul 24, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $298M | 164 | Apr 20, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $266M | 157 | Jan 31, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $253M | 146 | Nov 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $255M | 148 | Aug 15, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $340M | 149 | May 16, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $371M | 141 | Feb 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $385M | 147 | Nov 15, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $388M | 148 | Aug 16, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $375M | 148 | May 17, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $370M | 109 | Feb 16, 2021 | 13F-HR | changes · EDGAR ↗ |
13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.